What is EORI number in SAP SRD-SCM-FTM - SCM-Foreign Trade Management?

SAP Term: EORI number

• Component: SRD-SCM-FTM

• Component Name: SCM-Foreign Trade Management

• Description: A unique number within the European Union assigned to an economic operator by a customs authority in a Member State and which must be given in all communication with the customs authorities.

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• Key Concepts: 
  An EORI number (Economic Operators Registration and Identification) is a unique identification number assigned to businesses that are involved in international trade. It is used by customs authorities in the European Union (EU) to identify businesses and track their shipments. The EORI number is required for all imports and exports within the EU.
  
  How to use it: 
  In order to obtain an EORI number, businesses must register with the customs authority in their country of origin. Once registered, the business will be assigned a unique EORI number which must be included on all customs documents related to imports and exports within the EU. The EORI number must also be included on any documents related to customs clearance, such as invoices and packing lists.
  
  Tips & Tricks: 
  It is important to ensure that the EORI number is always up-to-date and accurate. If there are any changes to the business, such as a change of address or contact details, then the EORI number must be updated accordingly. This can be done by contacting the relevant customs authority.
  
  Related Information: 
  The SAP software component SRD-SCM-FTM SCM-Foreign Trade Management can help businesses manage their international trade activities, including obtaining and maintaining an EORI number. The software can also help businesses manage their customs documents, such as invoices and packing lists, ensuring that all documents are accurate and up-to-date.